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Saturday, June 8, 2024 At today’s international conference with the theme “Promoting the export of Vietnamese goods to the international market through cross-border e-commerce system” organized by Vietnam ‘s Ministry of Industry and Trade, many economic experts said that export has been more convenient thanks to e-commerce platforms and could reach nearly US$30 billion in 2024. Ta Hoang Linh revealed that the revenue of e-commerce retail in Vietnam has maintained a growth rate of over 25 percent a year. It is forecast that the global e-commerce market will reach an estimated revenue of $7.

4 trillion by 2025, and the growth rate of e-commerce retail revenue will be even higher. According to current statistics from Amazon Global Selling Group, the number of products sold by Vietnamese businesses on Amazon has increased by more than 300 percent in the past 5 years. Thousands of Vietnamese SMEs are now exporting through Amazon; plus, the number of businesses with annual revenue over $1 million has been skyrocketing nearly 10 times.



Through Amazon’s platform, Vietnamese goods have the opportunity to reach more than 2 billion people online each year in North America, Europe and many other markets such as Australia, Japan, Singapore, and India. According to Mr. Linh, the Ministry of Industry and Trade has directed Vietnamese trade counselors abroad to regularly update on consumer trends, needs, market potential, experience, and online export deployment processes to help Vi.

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